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Study Shows NFT Sales Plummeted 90% Over the Last 30 Days, NFT Wallets Dip 70%
4.6.2021
According to a recent study, non-fungible token (NFT) sales have dive-bombed 90% since the market’s record sales on May 3. Market data shows over 130,000 NFT sales that day and 30 days later sales are down to a touch over 84,000, dropping more than 35% last month. Protos.com Study Claims...
Defi Economy Is Recovering Faster Than Most Crypto Assets After Market Rout
3.6.2021
Decentralized finance (defi) exchanges and tokens are recovering a lot faster than a great number of digital assets that lost more than 40% in value last week. Defi tokens like curve, kyber network, terra, hxro, and more have been seeing double-digit gains. On May 23, the defi economy’s...
Pepe the Frog Creator Launches NFTs Featuring the Infamous Internet Meme
2.6.2021
The infamous Internet meme “Pepe the Frog” will be immortalized in non-fungible token (NFT) collectible form by the frog’s original creator Matt Furie. Of course, Pepe has been featured in blockchain art before and a series of cards were created via Counterparty in 2016. However...
MLB Steps Into the NFT World by Entering a Long-Term Partnership With Candy Digital
2.6.2021
On June 1, Major League Baseball (MLB) reporter David Adler announced the MLB organization established a long-term deal with the digital collectible company Candy Digital. The oldest American professional baseball organization is stepping into the non-fungible token (NFT) collectibles world...
Notorious ‘Tiger King’ Joe Exotic Launches ETH-Based Token to Help Legal Fund
30.5.2021
The infamous Joseph Maldonado, aka “Joe Exotic,” from the docuseries “Tiger King: Murder, Mayhem and Madness,” has launched his own Ethereum-based token. According to the website tiger-king.org, the project will also feature non-fungible tokens (NFTs) and the proceeds from...
Gamestop NFT Website Discovered With Hidden Easter Egg Retro Game
26.5.2021
Following the infamous Wallstreetbets story a few months ago, the company Gamestop is doing much better than it did a year ago. Now a new website called nft.gamestop.com indicates that the firm is dipping its feet into blockchain technology via non-fungible tokens built with Ethereum. ‘Power...
Ukraine’s Leading Soccer Team Dynamo Kyiv to Sell NFT Tickets
23.5.2021
FC Dynamo Kyiv, the top team in the Ukrainian Premier League, is launching NFT tickets for the 2021 season. The legendary football club, which has the biggest fan following in Ukraine, is also going to offer supporters unique collectible items through a partnership with a blockchain company. Dynamo...
African NFT Art Exhibition Featuring Portraits of Two African Royals Launched
22.5.2021
The Museum of Modern African Art Gallery & Lifestyle (MOOMA), a platform that promotes African artworks, recently kickstarted a 30-day non-fungible token (NFT) Modern African Art Exhibition. The exhibition, which will be MOOMA’s first NFT showcase, is set to feature the works of Goran...
Depends on Who You Ask: Report Shows NFT Sales ‘Cool Off,’ Another Study Says ‘Market Set to Double by October’
22.5.2021
In 2021, the non-fungible token (NFT) ecosystem has grown massively and data shows during the last month, there have been 98,832 NFT sales across over 32,000 active wallets. Monthly statistics show $272 million in recorded NFT sales have taken place but a recent report shows the NFT market...
Red Bull Racing Honda Names Tezos as Its Official Blockchain Partner
21.5.2021
The freshly unveiled collaboration between the organizations aims to deliver a unique fan engagement experience for Red Bull Racing Honda in the form of unique digital collectibles that leverage Tezos’ scalable, efficient, and self-upgrading network. Formula One Team Inks Multi-Year Technical...
CGC|NFT 2.0 – The Ultimate Non-Fungible Token Conference on June 10-11
21.5.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Year 2021 unlocked the true potential of NFTs and blockchain games. After hosting a massively successful NFT-focused event in March, the CGC team witnessed the continued growth of popularity and awareness...
Hollywood Sign, Amy Winehouse Photo to Be Auctioned as NFTs
21.5.2021
Non-fungible tokens can be sold to raise funds and two independent initiatives are now going to use proceeds from NFT auctions to finance charity projects. The tokens will represent one of the best known American landmarks, the Hollywood Sign, and a New York photograph of the late singer...
Polygon to Democratize NFT Interactions by Improving Approachability
19.5.2021
To pave the way for greater adoption of non-fungible tokens and bring down the barriers hampering more widespread participation, Polygon is leveraging its parallel network’s proof-of-stake approach to reduce Ethernity Chain’s gas costs. Layer 2 Solution to Make Ethereum-Based NFTs More...
Broadcast Company Fox to Launch NFTs and a Blockchain-Curated Animated Series
18.5.2021
Fox Broadcasting Company, the American commercial broadcast television network is launching a non-fungible token (NFT) business called Blockchain Creative Labs, according to a recent report. Moreover, Fox is also planning to release a new blockchain-based animated series crafted by Dan Harmon...
Big Time Studios Aims to Bring NFTs to the Masses, Set to Raise $21 Million in Funding
14.5.2021
The Los Angeles-based company Big Time Studios has announced the company is set to raise $21 million in two funding rounds backed by a number of investors. The company’s founder Ari Meilich was the CEO and co-creator of the Ethereum metaverse Decentraland. Big Time Studios aims to bring...
E-Commerce Giant Ebay Now Allows NFT Sales Citing ‘Massive Wave of Attention’
11.5.2021
Ebay, which has 187 million buyers on its platform, is now allowing the sale of non-fungible tokens (NFTs), the company has announced. Ebay says: “This is only the beginning. This initial rollout will help us learn more about what’s important to our community.” Ebay Updates...
The Flip Side of NFTs: A Glimpse Into the Artists’ Unique Perspectives
9.5.2021
The incredible momentum of the nascent non-fungible token (NFT) market has attracted significant attention from collectors and investors alike. Still, one group that is notably benefiting from this paradigm shift is the artists behind these creative works. New Era for Art Emerges as a Net Positive...
‘Once in a While You Get Shown the Light’— Jerry Garcia Art to be Auctioned as an NFT for $1 Million
7.5.2021
The now-deceased and former lead guitarist for the Grateful Dead, Jerry Garcia, will have a rare piece of his artwork sold as a non-fungible token (NFT) collectible asset. The NFT is a digital piece called “Gift” and is being sold by the Jerry Garcia Foundation, a nonprofit that...
OVR: The Eiffel Tower Non-Fungible Token Has Been Sold for 38 ETH
5.5.2021
OVR.ai has sold the Eiffel Tower, putting it for sale as Non Fungible Token on OpenSea for about $106.9K USD. In fact, the auction ended a few days ago, reaching a value of 38.6159 ETH. The Eiffel Tower NFT was a package of 60 OVRLands and it was on sale on Opensea for only a […]
E-Commerce Giant Ebay Looking at Accepting Cryptocurrency for 187 Million Buyers, CEO Reveals
3.5.2021
Ebay is looking at cryptocurrency as a payment option for its 187 million buyers on the platform, the company’s CEO has revealed. The e-commerce giant is also exploring opportunities in the non-fungible token (NFT) business. Ebay Looking Into Adding Cryptocurrency as Payment Option Ebay...